| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 472.16 | 2.2% | 19.9% |
| Total Income | 472.16 | 2.2% | 19.9% |
| Expenditure | 504.99 | 7.6% | 27.3% |
| PBT | — | ||
| Net Profit | -30.79 | 34.5% | 292.7% |
| OPM | -6.95% | 9.73pp | 6.21pp |
| NPM | -6.52% | 3.22pp | 4.53pp |
| EPS | — |
Green Dot Reports Q3 2025 Results; Raises 2025 Guidance
04 May 2026 · 4 May, 7:31 am
Summary
Green Dot Corporation reported a strong third quarter with results exceeding expectations, driven by momentum in embedded finance and improvements in operations. Total operating revenues for Q3 2025 increased by 21% to $494.83 million. The company is raising its full-year 2025 guidance, now expecting adjusted EBITDA between $165 million and $175 million and non-GAAP EPS between $1.31 and $1.44. The company's performance was bolstered by new BaaS and money processing partners.
Key Highlights
- 1
Green Dot's total operating revenues increased by 21% to $494.83 million for the third quarter of 2025.
- 2
Non-GAAP total operating revenues also grew by 21% to $491.85 million in Q3 2025.
- 3
Adjusted EBITDA for the third quarter was $23.57 million, reflecting a 4.8% adjusted EBITDA margin.
- 4
The company's nine-month adjusted EBITDA increased by 31% to $159.56 million.
- 5
Green Dot now expects its full year adjusted EBITDA to be between $165 million and $175 million.
- 6
Green Dot now expects its full year non-GAAP EPS to be between $1.31 and $1.44.
- 7
Gross dollar volume for Q3 2025 reached $39.51 billion.
Management Comments
William Jacobs
“We delivered a strong third quarter with results exceeding expectations as we added and launched new BaaS partners and drove further improvements and efficiencies in our operations.” “As we capitalized on the increasing demand for our embedded finance and BaaS solutions, we also made progress on improving trends in our Consumer segment with new financial service center partners.”
Jess Unruh
"We believe the results reflect the company’s continued focus on execution of its strategic priorities which includes developing deeper relationships with our partners while focusing on driving efficiency and productivity," "With the performance we have seen year to date we are comfortable raising our outlook for the year."
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